A) Subsistence agriculture B) Large scale manufacturing C) Hunting and gathering D) The barter system
A) Working in an industrialized cities B) Establishing a mercantile system of trade C) Having the same occupation as their parents D) Serving in government assemblies
A) Wholesalers of agricultural goods make most of the decisions B) Officials of the government control all aspects of economic activity C) Supply and demand are determined by consumers of foodstuffs D) Manufacturers of industrial goods control the resources
A) Mixed, Command, Free Enterprise B) Command, Mixed, Free Enterprise C) Free Enterprise, Mixed, Command D) Free Enterprise, Command, Mixed
A) The organization of workers’ unions in industrialized nations B) The restoration of a bartering system in developing countries C) The privatization of business and production of goods and services D) The government ownership, control and regulation of property
A) The government sets the prices of products and the quantity of goods B) Prices are fixed by agreements among business leaders and labor unions C) Prices change according to changes in the supply and demand for products D) All industries except smaller businesses are controlled by the government
A) Prices are set by consumers B) There is a high rate of unemployment C) A variety of economic incentives encourage business growth D) Resources are allocated by government decisions
A) They allow the laws of supply and demand to control the economy B) They determine the type and quantity of goods to be produced through Five Year Plans C) Trade policies mandated that imports exceed exports D) The success of the agricultural sector controls the manufacturer's goods
A) Traditional B) Communist C) Socialist D) Free Enterprise
A) Bankers B) Consumers C) Farmers D) Government officials |